This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
Below are some instances of unusual options activity happening in the Consumer Discretionary sector:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| NIO | CALL | SWEEP | BULLISH | 03/12/21 | $40.00 | $45.5K | 20.1K | 62.2K |
| NCLH | CALL | TRADE | BULLISH | 04/16/21 | $30.00 | $2.0 million | 3.3K | 33.6K |
| F | CALL | TRADE | BULLISH | 01/21/22 | $20.00 | $74.0K | 81.9K | 12.3K |
| NKE | CALL | SWEEP | BULLISH | 04/16/21 | $140.00 | $122.5K | 6.4K | 10.6K |
| BABA | PUT | TRADE | BEARISH | 01/21/22 | $200.00 | $1.4 million | 20.0K | 5.0K |
| PTON | PUT | TRADE | BULLISH | 03/19/21 | $97.00 | $47.5K | 3.0K | 2.5K |
| GM | CALL | SWEEP | BEARISH | 04/16/21 | $60.00 | $44.7K | 47.5K | 2.3K |
| BBBY | CALL | SWEEP | NEUTRAL | 03/19/21 | $35.00 | $27.5K | 7.0K | 1.9K |
| DASH | CALL | SWEEP | BEARISH | 03/12/21 | $155.00 | $95.8K | 3.0K | 1.4K |
| JMIA | CALL | TRADE | BEARISH | 03/12/21 | $38.00 | $90.5K | 225 | 1.2K |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding NIO NIO, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on March 12, 2021. Parties traded 250 contract(s) at a $40.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.5K, with a price of $182.0 per contract. There were 20136 open contracts at this strike prior to today, and today 62222 contract(s) were bought and sold.
• For NCLH NCLH, we notice a call option trade that happens to be bullish, expiring in 38 day(s) on April 16, 2021. This event was a transfer of 7500 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $2.0 million, with a price of $273.0 per contract. There were 3363 open contracts at this strike prior to today, and today 33656 contract(s) were bought and sold.
• Regarding F F, we observe a call option trade with bullish sentiment. It expires in 318 day(s) on January 21, 2022. Parties traded 1000 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $74.0K, with a price of $74.0 per contract. There were 81929 open contracts at this strike prior to today, and today 12324 contract(s) were bought and sold.
• Regarding NKE NKE, we observe a call option sweep with bullish sentiment. It expires in 38 day(s) on April 16, 2021. Parties traded 250 contract(s) at a $140.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $122.5K, with a price of $490.0 per contract. There were 6491 open contracts at this strike prior to today, and today 10633 contract(s) were bought and sold.
• For BABA BABA, we notice a put option trade that happens to be bearish, expiring in 318 day(s) on January 21, 2022. This event was a transfer of 800 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $1.4 million, with a price of $1820.0 per contract. There were 20031 open contracts at this strike prior to today, and today 5094 contract(s) were bought and sold.
• Regarding PTON PTON, we observe a put option trade with bullish sentiment. It expires in 10 day(s) on March 19, 2021. Parties traded 500 contract(s) at a $97.00 strike. The total cost received by the writing party (or parties) was $47.5K, with a price of $95.0 per contract. There were 3033 open contracts at this strike prior to today, and today 2533 contract(s) were bought and sold.
• Regarding GM GM, we observe a call option sweep with bearish sentiment. It expires in 38 day(s) on April 16, 2021. Parties traded 300 contract(s) at a $60.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $44.7K, with a price of $149.0 per contract. There were 47522 open contracts at this strike prior to today, and today 2370 contract(s) were bought and sold.
• Regarding BBBY BBBY, we observe a call option sweep with neutral sentiment. It expires in 10 day(s) on March 19, 2021. Parties traded 290 contract(s) at a $35.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $95.0 per contract. There were 7054 open contracts at this strike prior to today, and today 1979 contract(s) were bought and sold.
• For DASH DASH, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on March 12, 2021. This event was a transfer of 249 contract(s) at a $155.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $95.8K, with a price of $385.0 per contract. There were 3093 open contracts at this strike prior to today, and today 1455 contract(s) were bought and sold.
• Regarding JMIA JMIA, we observe a call option trade with bearish sentiment. It expires in 3 day(s) on March 12, 2021. Parties traded 292 contract(s) at a $38.00 strike. The total cost received by the writing party (or parties) was $90.5K, with a price of $310.0 per contract. There were 225 open contracts at this strike prior to today, and today 1259 contract(s) were bought and sold.
Options Alert Terminology
- Call Contracts: The right to buy shares as indicated in the contract.
- Put Contracts: The right to sell shares as indicated in the contract.
- Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it.
- Premium/Option Price: The price of the contract.
For more information, visit our Guide to Understanding Options Alerts or read more about unusual options activity.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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